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Commercial Credit News
Real help with lending and advice for local businesses
Tuesday, 14 April 2009

Business Minister Ian Pearson today urged local companies to take advantage of Government-backed support on offer to help them through the economic downturn, at a regional lending roadshow in Greater Manchester.

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Art displays not answer to empty shops
Tuesday, 14 April 2009

The way to prevent ‘high streets becoming ghost towns' is to remove burdens and help retailers survive in them, continuing to provide jobs and services.

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Government’s high street plan laudable but fails to address fundamental problem
Tuesday, 14 April 2009

The government has today announced plans which it hopes will prevent high streets turning into ghost towns. The plans include using empty shops as art galleries and cafes.

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Debt denial - two thirds of those with major financial problems are not seeking advice
Thursday, 09 April 2009

R3, the insolvency trade body, is concerned that those with financial problems do not think they ‘need’ debt advice, while those that do seek advice are not always going to the right places for it. Last month the OFT told 11 financial management businesses to close down websites that ‘looked like’ governmental or charity advice sites. 

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Give small businesses a break this Easter
Thursday, 09 April 2009

As the nation prepares for the Easter Bank Holiday break many struggling small business owners will be considering Northern Ireland or Wales as an ideal destination not just for a break but a relief from the increasing costs of business rates.

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Commission fights late payments
Wednesday, 08 April 2009

Despite some improvements during the past years, late payments in commercial transactions between companies or between businesses and public authorities still happen in the EU.

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Government urged to increase scrutiny of banks lending to small businesses
Wednesday, 08 April 2009

Business owners struggling to access finance from major lenders are sceptical about support from the Government, despite its commitment to scrutinise the behaviour of banks via its Small Business Lending Monitoring Panel.

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Hitachi Consulting acquires UK IT consulting firm
Wednesday, 08 April 2009

Hitachi Consulting, the global business and IT consulting company of Hitachi Ltd., today announced that it has acquired Edenbrook Ltd., a United Kingdom-based IT consulting firm which specialises in delivering Microsoft and Oracle solutions. Edenbrook’s client base includes Virgin Media, easyJet, BUPA, Lloyds TSB and Whitbread.

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FLA calls for chancellor to "get Britain lending"
Wednesday, 08 April 2009

In its Budget Submission to the Chancellor the Finance & Leasing Association (FLA) has proposed an extension of capital allowances for SMEs.

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Government 'must take action' to save vital rural firms in April's Budget
Wednesday, 08 April 2009

Rural businesses continue to struggle in the recession with over eight in ten seeing costs rise and nearly half seeing a decrease in trade, a Federation of Small Businesses (FSB) poll reveals.

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BCC welcomes EIB lending package for car industry
Wednesday, 08 April 2009

Commenting on the announcement that the European Investment Bank (EIB) is to provide loan guarantees to Jaguar Land Rover and Nissan, David Frost, Director General of the British Chambers of Commerce (BCC), said:

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